only 25% sold and say property not weaken?

[newyorker88]

Report good things only? Still remember properties were snapped up upon launch in 2007/08.



Nearly a quarter of units at new condo in Jurong West snapped up
By Teoh Song Keng, Channel NewsAsia | Posted: 08 February 2009 1624 hrs


SINGAPORE: Property prices may have dipped due to the economic recession. But that has not weakened the demand for some private condominiums.

Crowds flocked to the showroom of Caspian development near Lakeside MRT station in the Jurong Lake District.

Nearly one quarter of the 712-unit development in Jurong West was snapped up within the first two days of its opening.

The first 250 units were sold at $540-$640 per square foot.

Residents living nearby are looking forward to the completion of the condominium.

They hope it will bring about more amenities in the area.

 

[SIFU]

not even 25%, report try to blurr the issue by saying nearly a quarter..

out of 712 units, probably only 100 sold..

 

[Conan the Barbarian]

The same facts could be presented in another way.

"MORE THAN THREE-QUARTERS OF A NEW CONDO LAUNCH UNSOLD"

Residents living nearby are looking forward to the completion of the condominium.
Some already talking about sneaking in to use the
facilities which will be under utilize and security will be lax as there may
not be enough fees collected to employ security guards.
They hope this will augment the lack of facilities in Jurong West.



Same news, different angle.

 

[Lestat]

Why do you still believe in what the Shitty Times reports?

I have given up on them long time ago. Base your news source from the people you interact with on the ground. That will give you a clearer indication on how the market for property is doing.

 

[Merl Haggard]

Last year when Sim Lian Co launched Clover @ The Park, despite my cautioning, the sales was
overwhelming for their phase one. Then when they launched their phase two, buyers shied away.

Today those buyers of Clover @ The Park are regretting.

 

[po2wq]

Nearly a quarter of units at new condo in Jurong West snapped up
By Teoh Song Keng, Channel NewsAsia | Posted: 08 February 2009 1624 hrs


SINGAPORE: Property prices may have dipped due to the economic recession. But that has not weakened the demand for some private condominiums.

Crowds flocked to the showroom of Caspian development near Lakeside MRT station in the Jurong Lake District.

Nearly one quarter of the 712-unit development in Jurong West was snapped up within the first two days of its opening.

The first 250 units were sold at $540-$640 per square foot.

Residents living nearby are looking forward to the completion of the condominium.

They hope it will bring about more amenities in the area.

wtf! ... exaclty how many were snapped up? ... never dare 2 put exact fig ...

snapped up does nt mean sold 1 wor! ...

 

[batman1]

Report good things only? Still remember properties were snapped up upon launch in 2007/08.



Nearly a quarter of units at new condo in Jurong West snapped up
By Teoh Song Keng, Channel NewsAsia | Posted: 08 February 2009 1624 hrs


SINGAPORE: Property prices may have dipped due to the economic recession. But that has not weakened the demand for some private condominiums.

Crowds flocked to the showroom of Caspian development near Lakeside MRT station in the Jurong Lake District.

Nearly one quarter of the 712-unit development in Jurong West was snapped up within the first two days of its opening.

The first 250 units were sold at $540-$640 per square foot.

Residents living nearby are looking forward to the completion of the condominium.

They hope it will bring about more amenities in the area.

NEVER NEVER NEVER believed in the MIW propaganda mouthpiece SHIT TIMES !

 

[leesengfatt]

"sneaking in to use the facilities"


Normally what people in the condo do is to ask friends and relatives to use the facilities and parking lots to show that the owner is leaving 1 grade higher then HDB.

"When visiting us, just tell the security guards that you are visiting so and so from unit #xx-xx".

In this Jurong West case, "residents living nearby" will be enjoying these facilities for free.